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Automatic Fare Collection System (AFC) is a contactless smartcard-based end-to-end solution for fare collection and payment.
According to our (Global Info Research) latest study, the global Automatic Fare Collection (AFC) Systems market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China Automatic Fare Collection (AFC) Systems key players include United, Omron, Samsung SDS, Thales, etc. Top four companies hold a share above 25%. In terms of product, Ticket Vending Machine is the largest segment, with a share over 30%. And in terms of application, the largest channel is Rail & Transit Solution.
This report is a detailed and comprehensive analysis for global Automatic Fare Collection (AFC) Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Automatic Fare Collection (AFC) Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automatic Fare Collection (AFC) Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automatic Fare Collection (AFC) Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automatic Fare Collection (AFC) Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automatic Fare Collection (AFC) Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automatic Fare Collection (AFC) Systems market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include United, Omron, Samsung SDS, Thales and Gunnebo, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Automatic Fare Collection (AFC) Systems market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Ticket Vending Machine
- Ticket Office Machine
- Fare Gates
- IC Cards
Market segment by Application
- Rail & Transit Solution
- Entertainment Solution
- Others
Major players covered
- United
- Omron
- Samsung SDS
- Thales
- Gunnebo
- Chinasoft International
- Huaming
- GaoXin Modern
- NXP Semiconductors
- Shanghai Potevio Company Limited
- GRG Banking
- Huahong Jitong
- Easyway
- ST Electronics
- KML Engineering Limited
- Advance Cards Systems
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automatic Fare Collection (AFC) Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automatic Fare Collection (AFC) Systems, with price, sales, revenue and global market share of Automatic Fare Collection (AFC) Systems from 2018 to 2023.
Chapter 3, the Automatic Fare Collection (AFC) Systems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automatic Fare Collection (AFC) Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Automatic Fare Collection (AFC) Systems market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automatic Fare Collection (AFC) Systems.
Chapter 14 and 15, to describe Automatic Fare Collection (AFC) Systems sales channel, distributors, customers, research findings and conclusion.